Financial insights of MBWM

MyFinsight

For the quarter ending 2026-03-31, MBWM made $2,484K in revenue. $22,685K in net income. Net profit margin of 913.24%.

Income Overview

Revenue
$2,484K
Net Income
$22,685K
Net Profit Margin
913.24%
EPS
$1.32
Unit: Thousand (K) dollars

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Noninterest revenue-Service Charges On Deposit And Sweep Accounts	2,484	2,088*	2,064	1,967
Noninterest revenue-Payroll Processing	-	1,124*	-	783
Noninterest revenue-Interest Rate Swap Fees	-	-1,733*	-	1,230
Noninterest revenue-Credit And Debit Card	2,588	4,166*	2,371	2,350
Noninterest revenue-Interest Rate Swap Fees	663	-	377	-
Noninterest revenue-Payroll Processing	1,094	-	825	-
Mortgage banking income	2,980	3,335	3,066	3,969
Earnings on bank owned life insurance	665	1,331	858	561
Other income	1,214	746	827	602
Total noninterest income	11,688	11,056	10,388	11,462
Loans, including fees	71,897	70,361	75,040	73,962
Securities, taxable	7,408	3,585	5,041	4,679
Securities, tax-exempt	1,441	1,343	1,259	1,181
Other interest-earning assets	4,680	6,966	4,303	2,136
Total interest income	85,426	82,255	85,643	81,958
Deposits	23,247	24,776	26,817	25,725
Short-term borrowings	1,479	1,808	1,974	1,919
Federal home loan bank advances	2,556	2,714	2,895	2,897
Subordinated debt and other borrowings	2,243	1,942	1,955	1,938
Total interest expense	29,525	31,240	33,641	32,479
Net interest income	55,901	51,015	52,002	49,479
Provision for credit gaines	-1,800	-700	200	1,600
Net interest income after provision for credit losses	57,701	51,715	51,802	47,879
Salaries and benefits	23,679	21,836	21,094	20,711
Occupancy	2,416	2,116	2,122	2,155
Furniture and equipment depreciation, rent and maintenance	962	898	846	826
Fdic insurance costs	-	5,175*	-	-
Data processing costs	4,430	3,959	3,945	3,599
Advertising	-	416*	-	-
Charitable foundation contributions	-	761	300	2
Core conversion costs	2,915	-	-	-
Acquisition costs	300	-3*	606	-
Core deposit intangible amortization	865	-	-	-
Other expense	6,540	1,568	5,837	6,086
Total noninterest expense	42,107	36,726	34,750	33,379
Income before federal income tax expense	27,282	26,045	27,440	25,962
Federal income tax expense	4,597	3,205	3,682	3,344
Net income	22,685	22,840	23,758	22,618

Basic EPS	1.32	1.404	1.46	1.39
Diluted EPS	1.32	1.368*	1.46	1.39
Basic Average Shares	17,237,249	16,264,732	16,249,267	16,239,919
Diluted Average Shares	17,237,249	-	16,249,267	16,239,919

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

MyFinsight

Income Overview

Revenue
$2,484K
Net Income
$22,685K
Net Profit Margin
913.24%
EPS
$1.32
Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

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Income Overview

Revenue
$2,484K
Net Income
$22,685K
Net Profit Margin
913.24%
EPS
$1.32
Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

DownloadDownload image

Income Overview

Revenue$2,484KNet Income$22,685KNet Profit Margin913.24%EPS$1.32Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Income Overview

Revenue$2,484KNet Income$22,685KNet Profit Margin913.24%EPS$1.32Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Revenue
$2,484K
Net Income
$22,685K
Net Profit Margin
913.24%
EPS
$1.32
Unit: Thousand (K) dollars

Revenue
$2,484K
Net Income
$22,685K
Net Profit Margin
913.24%
EPS
$1.32
Unit: Thousand (K) dollars